DOGEUSDT
Dogecoin/Tether·Spot·BINANCE
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About DOGE
Osmosis Ecosystem
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Dogecoin operates on a fundamentally different economic model compared to Bitcoin, using a Litecoin-based architecture with unlimited supply and merge mining. The blockchain uses the Scrypt proof-of-work algorithm with one-minute block times and fixed rewards of 10,000 DOGE per block. This creates a disinflationary rather than deflationary system, where the inflation rate decreases over time as the circulating supply grows. The fundamental design choice of unlimited supply aims to keep transaction fees low and discourage hoarding. Dogecoin's security comes from merge mining with Litecoin, allowing miners to simultaneously mine both cryptocurrencies without additional energy costs. This shared hash power provides robust security while maintaining the simple, accessible nature that defines Dogecoin's fundamental philosophy.
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